The Ministry of Finance (MoF) is completing a draft decree on extending the time for paying VAT, corporate income tax (CIT), personal income tax, and land rental this year for enterprises and individuals.
Under the draft, the MoF suggested a 6-month extension of VAT paid during January-May and Q1, and a 5-month similar incentive in June and Q2. The total VAT extended sum from June 1, Q1 and Q2 is estimated to be around $2.8 billion.
Source: vietnamnet.vn
